Princeton and Williams named America's best colleges in new US News & World Report ranking

Students at Princeton University campus in New Jersey in 2013. REUTERS/Eduardo Munoz Princeton University and Williams College are once again the best schools in America, according to US News & World Report's 2016 rankings.

In creating these two lists, US News includes input from both academic peers and high-school guidance counselors, according to its website. The rankings also use data such as alumni giving, graduation and retention rates, and selectivity.

Here are the national universities that US News rated in the top 10 for 2016:

1. Princeton University

2. Harvard University

3. Yale University

4. Columbia University

4. Stanford University

4. University of Chicago

7. Massachusetts Institute of Technology

8. Duke University

8. University of Pennsylvania

10. California Institute of Technology

10. Johns Hopkins University

Here are the liberal arts colleges that US News rated in the top 10 for 2016: